Loan Calculator

Work out the monthly payment, total interest, and total cost for any fixed-rate loan — auto, personal, or student. Everything runs in your browser.

Loan
Monthly payment
Loan amount
Total interest
Total paid
Number of payments

How it's calculated

This uses the standard amortizing-loan formula: each fixed monthly payment covers that month's interest plus some principal, and the loan reaches zero at the end of the term. Early payments are mostly interest; later ones are mostly principal. A longer term lowers the monthly payment but raises the total interest you pay — try changing the term to see the trade-off.

Related calculators

Mortgage calculator  ·  Mortgage payoff (extra payments)  ·  Home affordability  ·  Compound interest

Estimates only — your actual rate and terms depend on the lender and your credit.